Sorry if I was not suppose to start a new thread on HA.
On page 300, in Chapter XV ‘The Market’ In section 9, ‘Entrepreneurial Profits and Losses in a Progressing Economy’.
Mises writes
What weight does this statement hold for the ideological side of AE, the philosophers, ect…
I see where Mises is coming from. If a society is immoral is it possible to just end up in an Orwellian nightmare as described in Orwell’s book, 1984? Or would such points really be irrelevant under a widespread anarchic establishment.